article thumbnail

Supply Chain Resilience Core Capacities

MIT Supply Chain

Part 2: Lessons from Comparing Disruptions In the previous post in this two-part series, The 7 Core Capacities of Supply Chain Resilience , we identified the core capacities that are the building blocks of supply chain resilience. Note that the seven core capacities are assessed as to whether there is a loss of capacity or not.

article thumbnail

The Top 100 Logistics Companies with Seth Clevenger

The Logistics of Logistics

Spot freight demand has softened, and truck capacity has loosened since the frenetic days of the 2021 freight boom. Shippers have replenished their inventories after struggling with supply chain bottlenecks during the recovery from the coronavirus pandemic.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

article thumbnail

What is Economic Order Quantity & its Advantages

SCMDOJO

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. Boston Munich: Pearson, 2011.

article thumbnail

Taking a Holistic View on Inventory May Lead to Change in Strategy

Talking Logistics

Inventory optimization has always been a challenge while designing and planning a supply chain. A variety of barriers can impact an effective inventory strategy, such as working in functional silos and demand/supplier volatility¹. Asking the Right Inventory Questions. Where and in What Form Should Inventory Be Held?

article thumbnail

Deployment of Adexa’s latest version of its SCP solutions at Teledyne Dalsa

Adexa

Dalsa has been using Adexa planning applications for many years to overcome their business challenges such as on-hand inventory reduction, meeting customer requested date and capacity allocation for the demand load and engineering forecasts. Los Angeles, California – July, 2020 – Adexa, Inc.,

article thumbnail

Help Supply Chain Planners Be More Successful In These Uncertain Times

Supply Chain Shaman

Today was the worst day in the S&P since August 2011. Simplistic thinking of trading-off customer service, inventory and cost became much, more complicated with the shifts in asset strategies. With greater pressure on shorter cycles and less asset availability, getting good at inventory processes increased. The second issue?